Truckload carrier Celadon Group’s fiscal fourth-quarter net income fell to $2.16 million, or 10 cents per share, from $5.15 million, or 22 cents, in the same period last year.
August 5, 2008Search
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Bush Orders Expedited Columbia River Crossing in Pacific Northwest
The Columbia River Crossing between Portland, Ore., and Vancouver, Wash., has received national priority status from the White House to expedite the project, the U.S. Department of Transportation said late Tuesday.
August 5, 2008Pacer’s 2Q Income Improves
Transportation and third-party logistics firm Pacer International said late Tuesday its second-quarter profit rose 10.4% to $13.8 million, or 40 cents a share, from $12.5 million, or 34 cents, a year ago.
August 5, 2008Fed Holds Key Interest Rate at 2%
The Federal Reserve voted Tuesday to keep the benchmark U.S. interest rate at 2%.
August 5, 2008Expeditors’ Second-Quarter Income Improves
Logistics firm Expeditors International of Washington said its second-quarter net income rose 9% to $71.3 million, or 32 cents a share, from $65.5 million, or 30 cents, a year ago.
August 5, 2008Factory Orders Jump 1.7% in June
U.S. factory orders jumped 1.7% in June, led by gains in oil and chemicals, the Commerce Department said Monday.
August 4, 2008Personal Spending Rises 0.6% in June; Prices Jump
Consumer personal spending rose 0.6% in June as prices soared, the Commerce Department said Monday.
August 4, 2008C.H. Robinson Worldwide Acquires Canadian Forwarder
Transportation and third-party logistics firm C.H. Robinson Worldwide said Monday it has acquired Transera International Holdings Ltd., a project forwarding company based in Calgary, Alberta, Canada.
August 4, 2008DOT To Extend Mexican Truck Program for 2 Years
The Department of Transportation said Monday it plans to continue a program to allow Mexican trucks into the United States for two years — just days after a House Committee passed a measure to end the program next month.
August 4, 2008Oshkosh Reports Third-Quarter Loss
Specialty truck maker Oshkosh Truck Corp. reported a third-quarter loss of $84.3 million, or $1.14 a share, compared with earning $90.6 million, or $1.21, a year ago.
August 4, 2008